We hope you enjoy our new website. We created it to provide our customers with information about our business as well as helpful tips to consider when selling your valuables.

Our team of experts has been buying gold, watches, diamonds and other fine luxury goods from New Yorkers for more than 30 years. You can learn more about our company, view photos of recent purchases or read our blog to learn more about selling your valuables in Manhattan, NYC.

If you have any questions about how to sell gold, watches, diamonds or other fine valuables in NYC, please walk-in or call us at (917) 566-1185 – no appointment necessary.

We are open 7 Days a week on 47th St. in the heart of New York City’s Diamond District between 5th and 6th Ave.

Our staff is here to answer all of your questions while providing appraisals and immediate payment should you decide to sell or get a loan.

Selling gold in New York City can be overwhelming the first time. You have many options to consider including the “CASH FOR GOLD” spots all over the city, pawn shops, licensed gold buyers and your family jeweler.

The following tips will help you choose the best place to sell your GOLD and ensure you get top price while avoiding common mistakes.

1. Know What You Own

Do your research before selling GOLD jewelry so you have a clear understanding of what you own and it’s approximate value. Find the original receipt or look for something comparable that is currently for sale. Consider factors like the age of the jewelry, who made it, the designer and any other unique qualities which will influence its value. Look for stamps which indicate the karat of the gold (such as 12, 18, 20 or 24).

2. Where To Sell GOLD?

If you are not in a hurry, consider internet auctions or selling directly to individuals online. There are also places you can sell your gold by mail.

The downside is that it is time consuming and there may be additional fees. Most important, always think about your personal safety. It’s much easier for a stranger to take advantage of someone selling expensive jewerly compared to a licensed dealer with an established local business.

If you need cash quickly, selling your GOLD jewelry to a reputable dealer in Manhattan is your best option. A licenced dealer will have the expertise to appraise your GOLD properly as well as the CASH to buy your GOLD jewelry on the spot.

3. When To Sell GOLD?

Like the stock market, prices fluctuate and it’s very difficult to “time” the market. If you think prices are going up, you might want to wait longer but there is no guarantee it will not go down. In many cases, the best time to sell is based on other factors like how quickly you need cash or settling a family estate.

4. The Current Price of Gold

Unless you have a unique piece of gold jewelry made by a famous designer with valuable gems, your gold jewelry will most likely be melted down, purified and resold to commercial buyers. This means the value of your gold will be largely determined by weight and purity. A quick search on the internet will show you current trends for gold prices. Make sure you are familiar with these prices before speaking with a dealer.

5. Licensed Dealer, Multiple Offers and Reputation

In order to make the right decision, we recommended that you get multiple offers and select the dealer who offers the best combination of price and service. Only select dealers who are licensed by the New York City Department of Consumer Affairs and have been in business for a number of years. If possible, all appraisals should be done while you are present – preferably in a private setting.

Romanov Buyers, Inc.

Knowledge is the key to getting the best price for your gold jewelry. We hope these tips were helpful and that you consider Romanov Buyers, Inc. as your preferred option for selling your GOLD jewelry in Manhattan, NYC. Our decades of experience and focus on quality customer service sets us apart from the rest.

We also own our own commercial gold refining business – NYGSR. This means we can offer better prices compared to other buyers who must sell your gold to a middle man.

If you find yourself asking these questions, see the following list of helpful tips to consider when selling your diamond jewelry in New York City.

1. Know what you own.

First and foremost, do your research before selling your diamond jewelry so have a clear understanding of what you own and it’s approximate value. This will allow you to properly evaluate any estimates or offers you receive. Get the advice of friends who have sold their jewelry recently or a diamond expert if you are not sure about what you own. Consider factors like the age of the jewelry, who made it, the designer and any other unique qualities which will influence its value.

2. When to sell your diamond jewelry.

If you are not in a hurry, you might want to consider internet based auctions or selling directly to individuals by advertising online. These options can be time consuming but might result in a higher price if you find the right buyer compared to selling to a professional diamond dealer. The downside is that it is time consuming and there may be additional fees when selling online. Most important, always think about your personal safety. It’s much easier for a stranger to take advantage of someone selling expensive jewerly compared to a licensed dealer with an established business.

If you need cash quickly and prefer to deal with a professional diamond buyer, selling your diamond jewelry to a reputable dealer in Manhattan is your best option. A licenced dealer will have the expertise to appraise your diamond jewelry properly as well as the funds to buy your diamond jewelry on the spot.

3. The Price of Gold, Silver and Platinum

In addition to the diamonds and other gemstones in your jewelry, the value is also tied to the price of the precious metals used in the setting. If your jewelry contains gold, silver or platinum – check current market rates. If you think the price of precious metals is on the rise, you might want to hold on. If you think prices are on the decline, now might be the time to sell. The same goes for diamonds. Prices fluctuate based on supply and demand. A quick search on the internet will show you the current trends.

That said, if you need cash quickly, timing the market is not an option. Now is the best time to sell. In this case, finding a reputable dealer you trust is your best option to ensure you get the best price and service.

4. The 5 “Cs” and Diamond Shapes.

These are well published standards for determining the value of a diamond. It’s worth brushing up on these basics before you offer your diamond jewelry for sale.

CUT
The cut of a stone is directly influenced by man, while the others are influenced by nature, and is one of the most important factors we consider when determining the value of your diamond. The “cut” is different than the shape – whether it’s an oval shape, a pear shape or an emerald shape, a well-cut diamond is always better able to reflect light. When a diamond is being cut, the flat surfaces are placed at angles designed to maximize the amount of light reflected and to increase the beauty of the stone.

CLARITY
The clarity of a diamond refers to how clear, or “clean” the diamond is. In it’s rough state, a dimaond is going to have imperfections, called “inclusions” (internal) and “blemishes” (external) – how severe the imperfections are determine the clarity of a diamond. A Certified Gemologist will grade the clarity of a diamond on a scale from “Flawless (FL)” to “Imperfect (I).”

COLOR
The best color is no color at all. The color is graded from sparkling colorless white towards the more fancy colors. An absence of color allows light to be reflected and dispersed most dramatically as a rainbow of color. The color of a stone is rated on an alphabetical scale, from D (totally colorless) through Z (light yellow).

CARAT
The weight of a diamond is expressed in carats. One carat is divided into 100 points, and stones that weigh less than a carat are sometimes measured in points (for instance, one half of a carat can be described as weighing 50 points or 0.5 carats). Carat weight refers only to the weight of a diamond, not its dimension. The higher the carat weight, the rarer the diamond, so a 2 Carat diamond is going to be more valuable than 2 1 Carat diamonds.

THE SHAPE OF A DIAMOND
The Shape of a diamond is a matter of personal preference – there is no particular shape that is more valuable than another. Here are some of the common shapes you can use as a reference when describing your diamonds to a buyer.

5. Select a Licensed Dealer and Get Multiple Offers.

In order to make the right decision, we recommended that you get multiple offers and select the dealer who offers the best combination of price and service. Only select dealers who are licensed by the New York City Department of Consumer Affairs and have been in business for a number of years. Be wary of anyone who makes you an offer without inspecting your diamond jewelry. It is fine to get an estimate over the phone or online to get a sense for current market rates. Reputable dealers will ask you to come to their store or send your diamond jewelry in for a proper appraisal. If possible, all appraisals should be done while you are present – preferably in a private setting.

Romanov Buyers, Inc.

Knowledge is the key to a fair price in the diamond market. We hope these tips help you learn more about your diamond jewelry and that you will consider Romanov Buyers, Inc. as your preferred option for selling your diamond jewelry in Manhattan, NYC. Our decades of experience and focus on quality customer service sets us apart from the rest. We look forward to serving you!

Here are a few tips to consider when selling your luxury watch in New York City.

1. How quickly do you need cash for your watch?

If you need cash quickly, selling your watch to a reputable watch buyer in Manhattan is your best option. A licenced dealer will have the expertise and funds available to appraise and buy your watch on the spot.

If you are not in a hurry, you might want to consider internet based auctions or selling directly to individuals by advertising online. These options are more time consuming and have their own set of risks as well as fees associated when selling on the internet.

2. The price of gold, silver, platinum and diamonds

The value of your watch is often tied to the price of precious metals if your watch contains gold, silver, platinum or diamonds. If you think the price of precious metals is on the rise, you might want to hold on.

For example, a pure gold bracelet is more valuable than one that is a mix of gold and stainless steel. The quantity, size, and quality of diamonds makes a difference.

If you think they are on the decline, now might be the time to sell. If you need cash quickly, none of this matters. Now is the best time. In this case, finding a reputable dealer you trust is your best option.

3. When your watch was made and how many were made

Some watches made during certain years are more valuable than others. Additionally, the lower the number of a specific model or edition that was sold, the greater the value in most cases.

4. Do you research

Before selling your watch, you should have a clear understanding of the watch’s value. Do your research online so you can properly evaluate your offers. Get the advice of a watch expert if you are not sure about what you own.

5. Select a licensed dealer and get multiple offers

In order to make the right decision, it is recommended that you get multiple offers and select the dealer who offers the best combination of price and service. Only select dealers who are licensed by the New York City Department of Consumer Affairs and have been in business for a number of years. Be wary of anyone who makes you an offer without inspecting your watch first. It’s fine to get an estimate over the phone or online to get a sense for current market rates. Reputable dealers will ask you to come to their store or send your watch in for a proper appraisal. All appraisals should be done while you are present – preferably in a private setting.

We hope you find these tips helpful and that you will consider Romanov Buyers as one of your preferred options for selling your luxury watch in Manhattan. Our decades of experience and focus on quality customer service sets us apart from the rest. We look forward to serving you.